INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most realty stocks were trading in the red during afternoon trade on Tuesday.
The Nifty Realty index was trading 2 per cent down
at 281 around 02:45 pm with all components in the red
Godrej Properties (down 3.33 per cent), Indiabulls Real Estate (down 3.11 per cent) and Housing Development Infrastructure (down 3.09 per
cent) were the top losers in the realty index.
Phoenix Mills (down 2.62 per cent), DLF (down 2.10 per cent), Brigade Enterprises (down 1.76
per cent), Unitech (down 1.10 per cent), Oberoi Realty (down 1.05 per cent) and Prestige Estates Projects (down 0.39 per cent) too were in
losses.
Benchmark NSE Nifty50 index was down 73 points at 10,727, while the BSE Sensex was 195 points down at 35,353.
Among the 50 stocks in
the Nifty index, 9 were trading in the green, while 41 were in the red.
Bajaj Finance, GAIL (India), ITC, HDFC and HDFC Bank were among the
top gainers in the Nifty index.
On the contrary, Vedanta, Indian Oil Corporation, HPCL and BPCL were leading among the Nifty losers.
